Tribune Gets FCC Approval for Local TV Holdings Purchase
December 20, 2013
The Federal Communications Commission approved Tribune’s purchase of Local TV Holdings’ 19 television stations. The $2.73 billion acquisition would almost double the number of Tribune’s stations to 42. Local TV is principally owned by Oak Hill Capital Partners.
Tribune Gets FCC Approval for Local TV Holdings Purchase Transfer of Control from Local TV Holdings to Tribune Broadcasting. (FCC)